Capula Management Ltd Purchases Shares of 79,400 Leggett & Platt, Incorporated $LEG

Capula Management Ltd acquired a new stake in shares of Leggett & Platt, Incorporated (NYSE:LEGFree Report) during the 1st quarter, Holdings Channel reports. The firm acquired 79,400 shares of the company’s stock, valued at approximately $784,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Royal Bank of Canada boosted its holdings in Leggett & Platt by 59.5% in the first quarter. Royal Bank of Canada now owns 47,054 shares of the company’s stock worth $372,000 after acquiring an additional 17,561 shares in the last quarter. Jones Financial Companies Lllp increased its holdings in shares of Leggett & Platt by 8.4% during the first quarter. Jones Financial Companies Lllp now owns 14,661 shares of the company’s stock valued at $116,000 after acquiring an additional 1,132 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of Leggett & Platt by 3.0% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 454,096 shares of the company’s stock worth $3,592,000 after purchasing an additional 13,187 shares during the period. Jane Street Group LLC raised its position in shares of Leggett & Platt by 36.3% during the first quarter. Jane Street Group LLC now owns 1,175,452 shares of the company’s stock worth $9,298,000 after purchasing an additional 312,840 shares during the period. Finally, Acadian Asset Management LLC lifted its holdings in shares of Leggett & Platt by 113.5% in the 1st quarter. Acadian Asset Management LLC now owns 109,638 shares of the company’s stock worth $866,000 after purchasing an additional 58,292 shares in the last quarter. 64.23% of the stock is owned by institutional investors.

Key Headlines Impacting Leggett & Platt

Here are the key news stories impacting Leggett & Platt this week:

  • Positive Sentiment: Zacks Research raised longer-term earnings estimates for Leggett & Platt and upgraded the stock from strong sell to hold, suggesting a somewhat improved outlook for profitability. Zacks Research upgrade and estimate revisions
  • Neutral Sentiment: The company announced it will release second-quarter 2026 earnings on August 6, 2026, before the market opens. This keeps investors focused on upcoming results, but the announcement itself does not change fundamentals. Leggett & Platt Announces 2Q 2026 Earnings Release Date
  • Neutral Sentiment: Leggett & Platt also said it will not host an earnings call, which may limit the amount of detail investors get when the results are released. Leggett & Platt to Release Second Quarter 2026 Earnings Results on August 6, 2026
  • Neutral Sentiment: Recent commentary from Zacks and Seeking Alpha reflects a divided view on the stock, with one note turning more constructive while another remains bearish. That split likely adds to investor caution rather than providing a clear catalyst. Zacks article

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on LEG shares. Zacks Research raised shares of Leggett & Platt from a “strong sell” rating to a “hold” rating in a research report on Monday. Truist Financial dropped their price target on shares of Leggett & Platt from $13.00 to $11.00 and set a “hold” rating on the stock in a research report on Friday, May 8th. Finally, Weiss Ratings raised Leggett & Platt from a “hold (c-)” rating to a “hold (c)” rating in a research report on Friday, May 15th. Five research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $11.33.

Read Our Latest Analysis on Leggett & Platt

Leggett & Platt Stock Performance

NYSE:LEG opened at $10.62 on Friday. The company has a market capitalization of $1.45 billion, a P/E ratio of 6.59 and a beta of 0.71. The business has a fifty day simple moving average of $10.68 and a two-hundred day simple moving average of $11.00. The company has a debt-to-equity ratio of 1.44, a current ratio of 2.33 and a quick ratio of 1.45. Leggett & Platt, Incorporated has a 1 year low of $7.86 and a 1 year high of $13.00.

Leggett & Platt (NYSE:LEGGet Free Report) last posted its quarterly earnings results on Thursday, May 7th. The company reported $0.15 earnings per share for the quarter, missing the consensus estimate of $0.26 by ($0.11). Leggett & Platt had a return on equity of 12.62% and a net margin of 5.69%.The firm had revenue of $918.20 million for the quarter, compared to the consensus estimate of $946.79 million. During the same quarter in the previous year, the company posted $0.24 EPS. The firm’s revenue was down 10.2% compared to the same quarter last year. On average, analysts expect that Leggett & Platt, Incorporated will post 0.9 earnings per share for the current year.

Leggett & Platt Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Monday, June 15th were paid a $0.05 dividend. The ex-dividend date was Monday, June 15th. This represents a $0.20 annualized dividend and a dividend yield of 1.9%. Leggett & Platt’s dividend payout ratio (DPR) is presently 12.42%.

Leggett & Platt Company Profile

(Free Report)

Leggett & Platt, Inc is a diversified manufacturer specializing in the design, engineering and production of a wide range of engineered components and products. The company’s offerings span several end markets, including residential bedding, commercial and residential furniture, automotive seating and interiors, aerospace applications and industrial products. By integrating product design with proprietary manufacturing processes, Leggett & Platt serves as a key supplier to both original equipment manufacturers and aftermarket distributors.

The company’s core product lines include coil springs and support systems for mattresses and furniture, adjustable bed mechanisms, engineered components such as extruded and formed metal products, and specialty foam and bedding products.

Further Reading

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Institutional Ownership by Quarter for Leggett & Platt (NYSE:LEG)

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